J-Way "Seoul Rehabilitation Court Dismisses Bankruptcy Petition"
[Asia Economy Reporter Geum Bo-ryeong] J-Way announced on the 18th that the Seoul Rehabilitation Court dismissed the bankruptcy petition.
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The Seoul Rehabilitation Court explained, "When there is an appointment of co-CEOs, an act performed by one co-CEO representing the company alone, regardless of the intention of the other co-CEO, has no effect on the company," adding, "Ultimately, this case involves an improper bankruptcy petition, so it is dismissed."
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